Category: Business

The company’s cannabis drug, epidiolex, represents 25% of its sales.
The post Jazz Pharmaceuticals buys Chimerix for $935 million appeared first on Green Market Report.

The hydroponics equipment maker struggled with sales but highlighted cost-cutting progress and brand strategy shifts.
The post Hydrofarm misses estimates on sales decline, goes further in the red appeared first on Green Market Report.

At least two competing bills to set up an adult-use industry in the state are already in front of lawmakers.
The post Cannabis CEO ‘bullish’ on Pennsylvania legalizing recreational market appeared first on Green Market Report.

The governor’s budget calls for repayment from tax receipts, rather than those funds going to regulators.
The post New York governor wants $50 million back from social equity fund appeared first on Green Market Report.

Another proposal would marginally expand the state’s medical marijuana program, a move some see as an effort to gain support for the ban.
The post Texas lawmakers consider state-wide ban on most hemp products appeared first on Green Market Report.

The Minnesota-based cannabis operator has stockpiled $91.6 million to pay for expanded recreational sales and new mergers.
The post Vireo Growth grows revenue, net loss in 2024 but expansion is on the horizon appeared first on Green Market Report.

The multistate operator completed the acquisition just months before Delaware’s adult-use market is set to launch.
The post MariMed completes acquisition of First State Compassion Center in Delaware appeared first on Green Market Report.

A temporary pivot to contract processing helped boost the company’s profitability in the quarter.
The post Nextleaf back into the black in first quarter of fiscal 2025 appeared first on Green Market Report.

The online seed seller is also working on three-company consolidation ahead of a potential stock listing.
The post ILGM takes cannabis seed growing education on the road appeared first on Green Market Report.

A new report commissioned by the California Department of Cannabis Control reported that retail sales in the state continue to grow.
The post Report: Illicit market dominates California cannabis, but analysts see opportunity appeared first on Green Market Report.